J and Mike:
As a rule, I don't believe in using synthetic oil as the initial cost is quite a bit more than petroleum based oils and I believe that regular (at recommended intervals) changes and filters is good enough. Besides, in 54 years, I have never had a lubrication related problem with any engine.
There are some exceptions, however. As Mike stated, the flow characteristics of a synthetic like Amsoil are better and allows faster lubrication on a cold engine.
I was surprised when upon delivery of our new Generac Guardian standby gen set, after the initial factory fill of petroleum based oil was run for 10 hours, the factory specified 5-30 synthetic oil. Use of petroleum based oil would void the warranty, especially if engine problems occurred. I called Generac in Whitewater, Wisconsin and quired them about that statement. They actually recommended Amsoil. They went on to say that..In the event of a warranty (engine failure related claim), it would be mandatory for a sample of the engine oil to be sent to them for spectroscopic analysis. In the event that it was found to be a non-synthetic oil, the warranty would be void.
As further asked them what was the reason for the synthetic specification and they told me that they had done exhaustive testing on their engines (generac builds their own engines) and they had found that the synthetic provides superior lubrication on cold start while maintaining it's viscosity when warm.
As a standby genset, the engine only has a warm-up period of about 15 seconds before it assumes full operational load. I guess proper lubrication of internal engine parts is pretty important.
Needless to say, after the initial change, I have Amsoil in the crankcase.
I also use Amsoil synthetic 2 stroke injection oil in my sleds. It seems to flow better in the cold as well as not foul plugs.
For everything else, good old 15-40 Delvac is the standby.